Do you want to sell your property in Cologne, Dusseldorf, Bonn, Berlin or Munich? Fast, discreet and without a real estate agent? Then you’re in the right place. We are an established investor team with a clear buying profile: compact condominiums up to 50 m² and multi-family homes from 200 m² living space in the strongest economic metropolitan areas of Germany. First offer within 14 days, usually 4–8 weeks until the notary appointment, no real estate agent commission, no financing uncertainty. On this page you will find our complete buying profile with specific criteria, typical price ranges, city factors, process, document checklist and answers to the most common questions. Direct contact: Submit a request.
About us: Lukinski & Partner in NRW, Berlin, Munich
My name is Stephan M. Czaja, founder of Lukinski. Together with my investor partners, we have more than 30 years of experience in investment, property purchase, and asset management. This experience allows us to provide a thorough rating within a few days and to handle sales without complications — from the first contact to the notary.
Our success is based on three fundamental principles: reliability, discretion, and flexibility. Anyone who has sold to us knows: no chain of enquirers, no viewing tourism, no backing out due to failed bank financing.
Direct purchase instead of real estate agent sale — the difference
With a classic real estate agent sale, your property is on the open market for 3–9 months. With a direct purchase from a long-term investor like us, you speak directly to the end buyer — no middlemen, no credit risk, no open listing.
Speed: Initial offer within 14 days, notary appointment in 4–8 weeks
Safety: Equity checked, no financing reservation required
Discretion: No public advertisement, no viewing with neighbors
Costs: No real estate agent commission (savings of 3.57 % gross of purchase price)
Clarity: One negotiation partner instead of 20 interested parties
Our Focus: Apartments up to 50 m² & Multi-family homes from 200 m²
Our purchase profile is deliberately narrow. We don’t buy everything — we buy what we know, can assess and can hold in our portfolio in the long term. Specifically:
Condominiums with 1–2 rooms, up to 50 m² living area
Multi-family homes from 200 m² total living area, ideally 4–20 units
Construction year from 1950 (younger preferred, Wilhelmine period upon request)
Rented or unrented — both are welcome
Location: A- and B-locations in NRW, Berlin, Munich and surrounding commuter belts
Rental yield expectation: from 3.0 % gross in Munich, from 4.5 % in NRW
Contact us — discreetly and without obligation
Do you own a property that meets these criteria? Then get in touch. We treat every inquiry confidentially and provide an initial indicative price range within 14 days.
Location profiles: Cologne, Dusseldorf, Berlin, Munich & more
Every city has its own investment profile. Rent level, purchase price factor (multiple of annual net cold rent) and typical micro-locations differ significantly. Here is an overview of our core locations:
close to the city center, public transport connection
Why exactly these locations?
These cities have in common: high immigration, low vacancy rates (under 2%), strong rental housing market, demographically growing target groups. For existing investors, this means: calculable rental default risks and stable value development. More about real estate as an investment.
Why small apartments — the investor logic
Compact 1- to 2-bedroom apartments are the most defensive asset in the residential segment from the landlord’s perspective:
Highest rental demand: Singles, students, young professionals, commuters
Lowest vacancy: Faster reletting, shorter vacancy periods
Highest rent per square meter: Small apartments generate more per m² than family homes
High fungibility: In the case of sale, always liquidatable
Lower investment sum per unit: Better diversification in the portfolio
Condition of your property — we buy any
We buy real estate in any condition. Renovation needs, renovation backlog, vacant units, or difficult tenant structures are not exclusion criteria — they are part of our value creation logic.
Move-in ready & modernized
Immediately rentable properties at comparative value. Here, we pay market-typical factors without renovation discount.
Needs renovation
Renovation backlog is considered in the purchase price — we calculate based on our trade structures, not on list prices. This gives us room to still make you a fair offer.
Problem properties
Tenant nomads, construction defects, unclear heating situations, mold, missing energy certificates — all are discussable. Talk to us openly about it, the more transparent you are, the faster the rating.
How we evaluate your real estate
Fair prices don’t mean “any price”. We work with two standardized methods:
Income value method (for multi-family homes)
Purchase price = annual net cold rent × factor. The factor is determined by location, condition, rental index position, and modernization potential. Example Cologne-Ehrenfeld, existing rental, medium furnishings: annual net rent 60,000 € × factor 24 = purchase price 1,440,000 €.
Comparison value method (for condominiums)
Here we use actual sales of comparable apartments from the expert committee and adjust based on factor and condition. More information on this in our guide to real estate valuation.
What specifically increases or decreases the price
+: Energy efficiency class A–C, balcony/terrace, elevator, parking space, quiet location despite central proximity
+: Current rent below rental index (catch-up potential)
−: Energy class F–H, renovation backlog, leasehold, unfavorable layout, ground floor facing the street
−: Current rent significantly above rental index (risk of rent increase freeze)
Sale process — 5 steps to the notary
Enquiry (Day 1): You send us key details about the property via the contact form or by email.
Document Check (Days 2–7): We request land register extract, rental agreements, energy certificate, living space calculation. For multi-family homes additionally the last two years’ additional costs statements.
Indicative Offer (Days 7–14): You receive a written price range with evaluation logic.
Viewing & final offer (Weeks 3–4): A single discreet viewing, after which a final binding purchase offer is made.
Notary appointment (Weeks 5–8): Certification, preliminary registration, payment of purchase price via notary escrow account or direct payment against release of encumbrances.
Document Checklist — what you need
The more complete your documents, the faster the evaluation. The following documents should be ready:
Mandatory (always required)
Current land register extract (not older than 3 months)
Parcel map / location plan
Living space calculation
Energy certificate (consumption or demand certificate)
Floor plan
Additional for Condominiums
Partition declaration with division plan
Last 3 meeting minutes of the condominium owners’ association
Financial plan and annual accounts of the WEG
Amount of the maintenance reserve
Additional for rented properties
Current rental agreements
Rent breakdown with cold and warm rent per unit
Additional costs statements of the last 2 years
Rent increase history
Special cases: Heritage, Divorce, Compulsory situation
